News

iFAST eyes Singapore virtual banking license

The move will expand its service scope to include e-payment and lending.

Can Philippine banks ride out the bad loan wave?

Systemwide non-performing loans rose sharply by 22.5% in January.

China tightens ownership rules of unlisted banks

The move comes after the takeover of Baoshang Bank.

Why you shouldn't miss the ABF Digital & Open Banking Conference

Top executives from Standard Chartered, Revolut and EY will attend the prestigious event.

Meet Musheer Ahmed of FTAHK at the 2019 ABF Digital Payments Summit

He will discuss key drivers for fintech innovation and why coopetition will be the new norm for the payments industry.

Bankers are earning less than construction workers in Japan

The average wage of 102 listed banks and insurers dropped 1.4% since 2016.

Chinese bank branches hit 228,600 in 2018

Around 5,600 branches were set up in far-flung communities.

ZhongAn International's Ken Lo joins panel at the 2019 ABF Digital Payments Summit

He will discuss key strategies on how players can adapt amidst the emergence of virtual banks.

Digital consumers power up Singapore's big three banks

DBS and OCBC generate twice or thice as much revenue from digital retail and SME customers than traditional customers, on average.

Taiwanese banks' loan book hit $940.4b in May

Loans granted by local banks grew $357.6b in May YTD.

Singapore banks' NIM expansion could hit 1-2bp in Q2

Both OCBC and UOB could have a NIM expansion of 2bp during the period.